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BUYINS.NET: AGM, GOL, HRZ, IMF, LFL, SKT Have Been Added To Naked ... - Trading Markets (press release)BUYINS.NET: AGM, GOL, HRZ, IMF, LFL, SKT Have Been Added To Naked ...Trading Markets (press release), CA - Sep 26, 2008The company purchases newly originated and pre-existing eligible mortgage loans directly from lenders; guarantees mortgage-backed securities backed by ...
Latin banks face lending slowdown in global crunch - guardian.co.ukLatin banks face lending slowdown in global crunchguardian.co.uk, UK - Oct 2, 2008(Additional reporting by Hilary Burke in Buenos Aires, Noel Randewich in Mexico City, Nelson Bocanegra in Bogota, Ana Martinez in Caracas and Lisa Yulkowski ...
UPDATE 1-Colombia cenbank buys $380 mln for reserves in Aug - ReutersUPDATE 1-Colombia cenbank buys $380 mln for reserves in AugReuters - Sep 8, 2008BOGOTA, Sept 8 (Reuters) - Colombia's central bank said on Monday it had purchased $380 million in dollars through auctions in August to build up foreign ...
Amp Energy 500 Entry List - Insider Racing NewsAmp Energy 500 Entry ListInsider Racing News - Sep 30, 2008Car Driver Hometown Make Sponsor Owner 00 Michael McDowell* Phoenix, AZ Toyota Champion Mortgage Rob Kauffman 1 Martin Truex Jr. Mayetta, NJ Chevrolet Bass ...
2008 Camping World RV 400 Entry List - Insider Racing News2008 Camping World RV 400 Entry ListInsider Racing News - Sep 16, 2008Car Driver Hometown Make Sponsor Owner 00 Michael McDowell* Phoenix, AZ Toyota Champion Mortgage Rob Kauffman 1 Martin Truex Jr. Mayetta, NJ Chevrolet Bass ...
IMF Lipsky: Global Economic Situation Most Difficult In Many Years - World Bank GroupIMF Lipsky: Global Economic Situation Most Difficult In Many YearsWorld Bank Group, DC - Sep 9, 2008“US action to rescue mortgage giants Fannie Mae and Freddie Mac is welcome, John Lipsky, first Deputy Managing Director at the International Monetary Fund ...
Latin American Currencies: Colombia Peso Drops on Lehman Filing - BloombergLatin American Currencies: Colombia Peso Drops on Lehman FilingBloomberg - Sep 15, 2008The fourth-largest US investment bank succumbed to the subprime mortgage crisis, filing a Chapter 11 petition with US Bankruptcy Court in Manhattan today. ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
View all Terms